Walgreen Company (NYSE: WAG)is Currently Trading at $48

question 29

Multiple Choice

Walgreen Company (NYSE: WAG) is currently trading at $48.75 on the NYSE.Walgreen Company is also listed on NASDAQ and assume it is currently trading on NASDAQ at $48.50.Does an arbitrage opportunity exist and if so how would you exploit it? How much would you make on a block trade of 100 shares?

• A)No,no arbitrage opportunity exists.
• B)Yes,buy on NASDAQ and sell on NYSE,make $25.
• C)Yes,buy on NYSE and sell on NASDAQ,make $25.
• D)Yes,buy on NASDAQ and sell on NYSE,make $250.

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Definitions:

Ovaries

Female reproductive organs in vertebrates that produce eggs (ova) and hormones like estrogen and progesterone.

Adrenal Hormones

Chemical messengers produced by the adrenal glands, involved in stress responses, metabolism, immune system, and other bodily functions.

Emotion

A complex psychological state that involves an experience of thought, physical responses, and cultural or social expressions.

Stress

A physical or emotional response to external or internal demands or pressures.